ECONOMIC EXPERIMENTS, HYPOTHETICAL SURVEYS AND MARKET DATA STUDIES OF INSURANCE DEMAND AGAINST LOW-PROBABILITY/HIGH-IMPACT RISKS: A SYSTEMATIC REVIEW OF DESIGNS, THEORETICAL INSIGHTS AND DETERMINANTS OF DEMAND

被引：14

作者：

Robinson, Peter John ^{[1
]}

Botzen, Willem Jan Wouter ^{[1
,2
,3
]}

机构：

[1] Vrije Univ Amsterdam, Inst Milieuvraagstukken, Amsterdam, Netherlands

[2] Univ Utrecht, Dept Econ, Utrecht, Netherlands

[3] Univ Penn, Wharton Sch, Philadelphia, PA 19104 USA

来源：

JOURNAL OF ECONOMIC SURVEYS | 2019年 / 33卷 / 05期

关键词：

Economic experiment; Hypothetical survey; Insurance demand; Low-probability; high-impact events; Market data; FLOOD INSURANCE; EXPECTED-UTILITY; DECISION-MAKING; PROSPECT-THEORY; PROBABILISTIC INSURANCE; SELF-PROTECTION; EVENT EVIDENCE; DUAL THEORY; AMBIGUITY; LOSSES;

D O I：

10.1111/joes.12332

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper provides a systematic review of the literature on 80 experimental, hypothetical survey and market data studies of insurance demand against low-probability/high-impact risks. The objective of the review is to extract lessons from these studies and to outline an agenda for future research. We contrast the results of experimental and survey studies to findings from market data. We focus on experimental design methods, insurance characteristics, as well as results about theories, heuristics, behavioural biases and explanatory variables. Lessons for policymakers are drawn which can facilitate disaster preparedness.

引用

页码：1493 / 1530

页数：38